Re:How Mormons built a startup ecosystem in Utah
by shoxty on Sunday July 19, 2020 @03:19AM
(#23887626)
I believe you are correct. You may find the work "Progress and Poverty" by Henry George of interest and what has come to be known as the Land Value Tax https://en.wikipedia.org/wiki/Land_value_tax
Prop 13 is killing California, repealing it and replacing it with a Land Value Tax, in my opinion, would fix it.
I don’t personally think it’s taxes, or any particular brand of politics (per se, as I know this is a political issue, I just mean relative to this), but that, in essence, that is destroying California slowly from the inside. Both Oregon and Washington are similar politically and Oregon is very close in taxes but they aren’t seeing any population outflows like this. I firmly believe it’s due to the issue of housing before any other factor.
I’m trying to gather more data to back my assertion but all personal experiences of people I know and others I’ve met who have moved have cited this as one of the major or the single biggest reason for having moved